Variables/segments | Likelihood Ratio Statistics | Probability-value |
INDEX | 0.558827 | 0.454733 |
YTB | 0.473982 | 0.491161 |
YLGB | 0.015791 | 0.899999 |
IIP | 49.28870 | 0.00000 |
WPI | 0.099900 | 0.751950 |
M3 | 12.25613 | 0.000464 |
EX | 4.855293 | 0.027561 |
Money supply and Interests (YTB, YLGB and M3) | 19.66450 | 0.000199 |
Commodity market variables (IIP and WPI) | 53.98645 | 0.000000 |
Exchange market variable (EX) | 4.855293 | 0.027561 |